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10 January 2025 | 12 replies
A debt service loan is popular for that step.
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4 January 2025 | 0 replies
I learned that with an A-Class tenant expectations are higher and had to step up my level of service.
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23 December 2024 | 9 replies
•Tenants demand prompt, high-quality service and without caring about cost •Vendors seek to earn as much compensation for their work as possible.Balancing these needs requires thoughtful stewardship, strong communication, and a commitment to fairness.
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4 January 2025 | 3 replies
It’s also important to be as specific as possible in the scope of work for each line item—clear details can save you from misunderstandings or unexpected costs later on.I specialize in consulting services for situations just like this, helping clients work confidently with contractors by bridging the knowledge gap.
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3 January 2025 | 2 replies
I am scared of servicing two mortgages in the case of a vacancy.
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6 January 2025 | 17 replies
i am not looking to be spending my days on the lake, I am looking to replace my day job income, and growing my portfolio.... but it is important to cover my costs first, which not 20k/mo but, that is what i'm accustomed to regularly (or more).
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4 January 2025 | 5 replies
Here are a few things that I like about the neighborhoods in Indy compared to other states: high rent-to-home-value ratio, consistent and gradual city development, relatively low property tax and insurance cost, affordable renovation service cost.
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5 January 2025 | 31 replies
I saw you have regular check in.
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11 January 2025 | 67 replies
Yes, my banks require a 1.2 DSCR debt service coverage ratio, meaning they want to see rent 20% higher than the mortgage payment.
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6 January 2025 | 7 replies
The license doesn't cost more, the service and quality does.And a note on that cost, in my experience hiring contractors, only a small percentage of the cost savings was due to finding the right guy who is willing to work for less.